Business

Drivers expected to increase

WARREN — Americans are expected to travel in record numbers over the year-end holiday season despite this year’s increased gas prices. Some 107.3 million people, according to AAA projections, will travel between Saturday and Jan. 1, marking a 3.1 percent increase when compared to last ...

AT&T, CWA reach tentative labor deal

NILES — AT&T has reached a tentative labor agreement with the union that represents the company’s wireless workers. Communications Workers of America (CWA), in a Wednesday news release, stated the pact “rolls back the trends of offshoring and outsourcing and sets a new standard for ...

Local home sales up in Nov.

WARREN — Home sales rebounded last month in Trumbull County with a gain of 5.1 percent compared to the same month last year. There were 186 closed sales countywide last month, up from 177 in November 2016, according to the Warren Area Board of Realtors. In October, there were 188 closed ...

Local bank stocks see mixed results Thursday

Cortland Bancorp saw a 25-cent decrease in its stock price for the second time this week, closing Thursday at $19.75 per share. First Niles Financial remained unchanged, closing at $11 per share.

Racino marks best November for wagering

AUSTINTOWN — Hollywood Gaming at Mahoning Valley Race Course posted its highest November for wagering on its video lottery terminals since it opened in 2014. Last month, the Austintown facility saw $88.21 million in credits played, up nearly $7.4 million over the same month last year when ...

Local bank stocks stand pat

After falling 25 cents in the prior day’s trading, Cortland Bancorp was unchanged Wednesday, stabilizing at $20 per share. First Niles Financial again stood pat, closing at $11 per share.

Local bank stocks mixed

Cortland Bancorp fell 25 cents in trading Tuesday to close close at $20 per share. First Niles Financial remained unchanged, closing at $11 per share.

Golden Triangle’s upgrades help with expansion

HOWLAND — Dale Gebhardt Sr. was looking to expand the business he operates in the area of Trumbull County known as the Golden Triangle. But the president / general manager of Flex-Strut Inc., which makes slot metal framing, realized the necessity of improving the infrastructure in the ...

Local bank stocks stand ground Friday

Cortland Bancorp, which lost 24 cents earlier this week, stabilized Friday in trading to close for a second day in a row at $20.25 per share. First Niles Financial also was unchanged, closing again at $11 per share.

Local auto dealers see sales increase over November ’16

Tribune Chronicle WARREN — Area automobile dealers reported an increase in year-over-year sales of new and used vehicles for November. The climb was driven more so by consumer demand for used vehicles than new cars and trucks, according to data from the Greater Cleveland Automobile ...

Thursday results mixed for local bank stocks

After losing 25 cents in the prior day’s trading, Cortland Bancorp regained a penny Thursday to close at $20.25 per share, while First Niles Financial again stood pat at $11 per share.

Standard Choice rates lower than last year

WARREN — December rates for Dominion East Ohio’s Standard Choice Offer / Standard Service Offer are 3.4 percent lower than a year ago. Abundant shale energy resources in Ohio and neighboring states contributed to the decrease, company leaders said. Effective Wednesday, the SCO / SSO ...

Local bank stocks mixed

Cortland Bancorp lost 75 cents in trading Wednesday to close at $20.24 per share, while First Niles Financial stood pat at $11 per share.

Local stocks stagnant in trading on Tuesday

Cortland Bancorp and First Niles Financial closed trading Tuesday in the same spot they closed Monday — $20.99 per share and $11 per share, respectively. On Wall Street on Tuesday, The market seemed like it was headed for a gain in the morning, after technology stocks recovered from one ...

Local banks end mixed Monday

Cortland Bancorp gained $1.39 from Friday’s closing to close Monday at $20.99 per share. First Niles Financial continued to hold steady at $11 per share.

Business briefs

MANIOS AMONG PITT’S DISTINGUISHED ALUMNI: Longtime pharmacist Frank Manios, owner of Franklin Pharmacy & Health Care in Warren, is among the University of Pittsburgh School of Pharmacy Distinguished Alumni 2017. Manios, a 1957 graduate of the institution, started his pharmacy career with ...

‘Hobby farms’ industry on the rise; injuries are commonplace

INDIANAPOLIS — Phil Jacobs was just a teenager when his parents bought a scenic Kentucky farm with hayfields, forests, creeks, trails and a view of the Ohio River. Decades later, he still spent time there, maintaining the property as a second job and using its campsite for family ...

Smaller retailers not depending on discounts

NEW YORK — When Mark Aselstine started online wine retailer Uncorked Ventures, he thought he should offer discounts — so gave 30 percent off to people buying wine baskets or subscriptions for monthly deliveries. But as he analyzed the sales, he didn’t sense that the deal helped — and ...

Looking for deals overtaken by impulse

NEW YORK — As shoppers have bought TVs and toys so far this holiday season, they’ve shown a desire for deals but also an inclination for some impulse spending, retail experts say. Shoppers were on track to spend more compared to last year. The National Retail Federation trade group ...